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Swiss Bank UBS Provides Cryptocurrency Services

The Swiss multinational investment bank and financial services company founded and based in Switzerland and also the largest private bank of the world, UBS-Union Bank of Switzerland announces it will soon start cryptocurrency-related services to its prior and top pier customers and clients.  UBS is looking profusely into various aspects

May 11, 2021 2 mins read

Altcoin Trading Alarmed South Korea’s Banking Association

South Korea Banking Association alarmed by altcoin trading. The altcoin trading volume increased across crypto exchanges in the crypto. BTC price trades at 4.15% on Upbit and on Bithumb at 9.13%. South Korea’s banking concerns want crypto exchanges to be cautious about the risks of being exhausted to altcoins. Moreover,

May 11, 2021 2 mins read

Cardano (ADA) Reached New All-Time High

Decentralized Cardano reached a new all-time high following a 14 % gain. ADA has overturned Tether to the sixth part of the market leaderboard. ADA was outperforming on Bitcoin (BTC) The decentralized, blockchain-based system Cardano (ADA) reached the new all-time high following a 14% gain The cryptocurrency which runs on

May 11, 2021 2 mins read

Decentralized Exchange Uniswap Launched V3

Uniswap outperformed after launching v3. Migrating v2 liquidity not required. V3 is integrated into the platform for decentralizing exchange (DEX). Uniswap(UNI), the native token major decentralized exchange, has outperformed its competitors after it launched much-anticipated v3. The Exchange operates by a single entity and uses a new type of trading

May 7, 2021 3 mins read

South Korean Banking Regulations Threatens ‘Big 4’ Crypto Exchanges

AML and Banking regulations are a threat to the Big 4 crypto exchange. More than 100 smaller exchanges are expected to close. Due to AML protocol, Banks are unhappy. Anti-money laundering(Aml) and banking regulations newly imposed by South Korea, causing tensions that have even left the big four domestic crypto

May 4, 2021 2 mins read

Assemble Protocol (ASM) Is Now Supported on Coinbase Custody

The leading blockchain-based global point integration platform, ASSEMBLE Protocol has announced that its utility token ASM has been added to Coinbase Custody. This means that ASM will receive a cold-storage custody solution from one of the largest custodians in the crypto sphere, Coinbase Custody. Coinbase Custody To Provide Cold-Storage Custody

May 4, 2021 4 mins read

First Time Ever Ethereum Hits $3000

Ether hits $3000 for the first time in history. Ether has the chance to overtake Bitcoin. Ethereum (ETH) hits $3000, for the first time in history an altcoin has reached this high price. At the time of publication, Ether has reached $3,003 on Binance. The price of ETH has reached

May 3, 2021 2 mins read

Second Crypto Exchange Collapsed in Turkey

Vebitcoin website has halted all its activities after facing financial strain.  This is the second Turkish digital currency exchange that has collapsed. Turkish authorities have blocked Vebitcoin’s domestic bank accounts Vebitcoin announced that its website has halted all its activities after facing financial strain. However, this is the second Turkish

May 3, 2021 2 mins read

Revolut Users Will Withdraw Bitcoin Into External Wallet

Uk-based challenger bank Revolut announced that the paid customers will be able to withdraw bitcoin from the platform. However, the announcement post has been deleted now. Moreover, British financial technology company Revolut offers a range of digital banking services in a mobile app targeted at young tech-savvy users. Revolut allows

May 2, 2021 1 min read

Cryptocurrency Exchange Hotbit Has Been Hacked

Hotbit has undergone a serious cyber attack Hotbit showdowns all its services Users are in fear due to the incident of the Turkish exchange On April 29, 2021, a cyberattack took place on Hotbit, the cryptocurrency exchange. However, the system hacking led to the paralyzation of many basic services of

May 1, 2021 2 mins read